Kadena perfectly came in my green box and gave us a nice entry. So what are the next steps and what is a good strategy due the riots in the higher risk markets (stock market, crypto market)
Possible Scenario 1 :
Big investors use the current situation in which the retail investors panic sell and prepare massive longs for the coming months. In this scenario we want to see btc hold the 35k level, Kadena moves over the 7/7,5 with a retest as conformation. This would be the best case as kadena would climb to about 94 usd for the next BIG correction (50-70% correction). Probability 30%, as momentum in market is very weak... We need strong momentum to break the heavy short areas above.
Possible Scenario 2 :
BTC cant hold the 35k and fall to 29-30k. Kadena holders get panic and sell to the bottomline of the upper green box. This would be a another nice entry and people who still have liquidity should buy big bags ! After that we would see some sort of consolidation and might some tryouts, but overall there would be uncertainity and not much momentum until big investors get more confident and push the prices with extra momentum. Probability 50%
Possible Scenario 3 : BTC falls below 30k (17-20k) Kadena will fall into the green box and the bear market is officially. 3-4 Years of consolidation give us a great opportunity to dca into KDA until we can see the journey to new ATHs. Probability 20%
Lets see what will happen !
Summary :
Next Entrys :
2,4 - 2,8
1,0 - 1,3
Dont be dumb , keep buying !!! Look how little the selling volume is, only early investors taking profits, nothing more. Do you really think its time to sell kadena ?! Hopefully we drop to 1 usd kadena, so we can buy cheap :)
Possible Scenario 1 :
Big investors use the current situation in which the retail investors panic sell and prepare massive longs for the coming months. In this scenario we want to see btc hold the 35k level, Kadena moves over the 7/7,5 with a retest as conformation. This would be the best case as kadena would climb to about 94 usd for the next BIG correction (50-70% correction). Probability 30%, as momentum in market is very weak... We need strong momentum to break the heavy short areas above.
Possible Scenario 2 :
BTC cant hold the 35k and fall to 29-30k. Kadena holders get panic and sell to the bottomline of the upper green box. This would be a another nice entry and people who still have liquidity should buy big bags ! After that we would see some sort of consolidation and might some tryouts, but overall there would be uncertainity and not much momentum until big investors get more confident and push the prices with extra momentum. Probability 50%
Possible Scenario 3 : BTC falls below 30k (17-20k) Kadena will fall into the green box and the bear market is officially. 3-4 Years of consolidation give us a great opportunity to dca into KDA until we can see the journey to new ATHs. Probability 20%
Lets see what will happen !
Summary :
Next Entrys :
2,4 - 2,8
1,0 - 1,3
Dont be dumb , keep buying !!! Look how little the selling volume is, only early investors taking profits, nothing more. Do you really think its time to sell kadena ?! Hopefully we drop to 1 usd kadena, so we can buy cheap :)